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Most properties handed over in 2019 will be affordable

Most properties handed over in 2019 will be affordable

Over 28,500 homes are likely to be handed over in Dubai by the end of 2019. Over 28,500 residential units are likely to be handed over in Dubai by the end of 2019, says the consultancy Core in a conservative estimate. This is compared to an announced number of 56,000 units. Around 21,700 residential units…

Why affordability is the key to UAE’s home market

Why affordability is the key to UAE's home market

Developers shift focus to middle class in bid to double share in projects by 2022 Affordable housing is set to gain traction in the UAE as property developers shift their focus to this segment by targeting the middle-income population in a bid to double their share in total real estate projects by 2022, experts say….

Dubai rent dips a boon for budget-conscious tenants

Dubai rent dips a boon for budget-conscious tenants

Areas such as Discovery Gardens and Sports City record sharp drops, with more forecast Dubai: Do you want to save on rental payments? Tenants in Dubai operating on a tight budget are better off looking at living options in Discovery Gardens (rents down 17 per cent in the 12 months to end Q4-18), Jumeirah Village…

Removal of fake property listings to offer clarity on supply

Removal of fake property listings to offer clarity on supply

Property brokerages welcome decision to clean up the market Real estate brokerages in the UAE are welcoming the government’s order to remove listings from property portals that do not come with a Trakheesi number. This number verifies a property’s availability on the market. This will help eliminate fake listings, improve market transparency and inspire confidence…